New Card: Chase Sapphire Reserve for Business

Annual Fee

The annual fee will be $795 for the Sapphire Reserve for Business.

My Take: Like the personal version, this is an incredibly hefty annual fee. It’s not a beginner friendly card at this price point. But some people will see that astronomical fee and look at the annual credits and decide that surprisingly it makes sense for them. It all depends on how you already do your spending if this card provides true value to you.

Credits that Match The Personal Version

How does Chase justify the high annual fee? Well it is through a slew of credits that seem kind of like a coupon book. Here’s what this card offers.

$300 Annual Travel Credit

Any purchase that you make that codes as as travel expense will automatically trigger the statement credit. This is true for larger purchases like hotel rooms or flights. But also works for parking, bus tickets, or even some campsites.

My Take: This $300 travel credit is the easiest travel credit to use of any premium card.

$120 Trusted Traveler Credit

You get a statement credit of up to $120 every four years for purchases made for Trusted Traveler programs like Global Entry, NEXUS, and TSA Precheck.

My Take: We love our Global Entry but if you’re in the points world long enough, these credits become less valuable because you might already have Global Entry. And now that kids get Global Entry for free if parents have it, most households need a max of 2 of these credits. Still a nice credit.

Airport Lounge Access

It’s a little unclear from the press release what the lounge access for the Chase Sapphire Reserve will be. The press release only mentions access to will provide access to 3 networks Chase Sapphire Lounge® by The Club for the primary cardholder and two guests. There is no way to for authorized users to get lounge access.

The personal version also includes Priority Pass lounges for the primary cardholder and two guests. It also includes access to 20+ select Air Canada Maple Leaf Lounges and Air Canada Cafés when traveling on a Star Alliance airline for the primary cardholder and one guest.

When card details are fully released, I will update if the business version includes these other lounge networks as well.

My take: This doesn’t quite cut it for families of 4+ but is still more generous than the new Capital One Venture X Rewards Credit Card policies and Amex policies! It will make a difference if they do end up including Priority Pass access.

DoorDash Benefits

Identical to the personal version: you’ll get free DashPass through 12/31/27 or a minimum of 1 year depending on the activation date. If activated by 12/31/26, the expiration date will be 12/31/27. If DashPass is activated between 1/1/27 – 12/31/27, your expiration date will be one year from activation.

You get up to $10 off two orders per month on DoorDash non-restaurant orders. Discounts must be used for two separate orders.

Chase Sapphire Reserve for Business members enrolled in DashPass will receive $5 per month DoorDash credit. If the credit is not used within the calendar month, it will be carried over for a maximum of 2 months. Up to $15 in credit can be accrued before a $5 credit expires.

My Take: I like this benefit but some people find it hard to use if they don’t have a pickup location near them. I still wouldn’t value it at $300/year like Chase claims. Personally I place the value more around $100/year. Here’s how to activate this.

Lyft Credit $10/month

Again, a benefit that matches the personal version. Members get $10 in monthly credit towards Lyft rides when they link their card to their Lyft account. This offer is good through September 2027.

Credits do not roll over to the next month, and they cannot be used on Wait & Save rides or bike and scooter rentals.

My Take: Useful if you use Lyft, if not — this may not add value for you.

Hotel credits with The Edit Collection

This is billed as a $500 credit for stays with The Edit collection. Like the credits above, it comes in two credits, each for half the year. It is $250 for January to June and $250 for July to December. Maximum of $250 each half year.

Notes:

• Two-night minimum.
• Purchases that qualify will not earn points.
• Must be a pre-paid stay
• Most of these hotels are priced higher via Chase Travel than booking direct

My Take: I don’t consider this a true savings. Sure some people may find ways to eek some value out of this. There are some perks you get booking a hotel through Chase’s collection including a $100 property credit, daily breakfast for 2, and a room upgrade. But with most of them you’ll find you’re paying hundreds of dollars (or more!) for the second night. I can’t imagine we’ll use this one unless somehow a hotel is on there that we plan to stay at anyway and pay cash for. There might be a possibility to use the $250 credit and then also pay the rest with points in which case it might become more appealing, especially for independent hotels.

Other travel and purchase protections

These should generally match the personal version as this will be a Visa Infinite card. Note that sometimes Chase terms will state these are only valid if you’re traveling for business.

Other benefits include:

• Auto Rental Collision Damage Waiver
• Trip Cancellation/Trip Interruption Insurance
• Trip Delay Reimbursement
• Travel and Emergency Assistance Services
• Extended Warranty Protection
• Purchase Protection

Credits Unique to the Business Version

$400 ZipRecruiter Credit

You get a $200 statement credit for purchases at ZipRecruiter twice a year. One $200 will be good from January 1 to June 30 each year. Then between July 1 and December 31 you could get up to another $200 credit.

My Take: Useful if you already pay for these. Highly depends on your business.

$200 Google Workspace Credit

Up to $200 per year via statement credits for Google Workspace.

My Take: If you already use Google Workspace (Like I do), this is a true credit. If not, it might be worthless to you.

$100 Giftcards.com

You get a $50 statement credit for purchases at a certain Giftcards.com URL twice a year. One $50 will be good from January 1 to June 30 each year. Then between July 1 and December 31 you could get up to another $50 credit.

My Take: This will likely be easy to use for quick value.

Earning and redeeming Points

The ways to earn and redeem points largely mirror the new personal version. Points on travel are not earned until after the first $300 is spent annually on purchases in the travel category. The first $300 spent goes towards the $300 Annual Travel Credit.

Earning compared to Personal Version

Purchase Type	Business Reserve	Personal Reserve
Flights purchased through Chase	8x	8x
Hotels and car rentals booked through Chase	8x	8x
All other travel purchases	4x for hotels and flights 1x for all other	4x for hotels and flights 1x for all other
Lyft	5x	5x
Dining	1x	3x
Online Advertising	3x	1x

My Take: Most purchases will earn 1x — but if you spend a lot with online advertising or flights and hotels booked directly for business travel, this could be a good earning card.

Redeeming Points via Chase Travel℠

The base rate for redemptions via Chase Travel will now be 1 cent per point — which is worse than the Chase Sapphire Preferred® Card!

And there will be a “perk” called Points Boost where cardmembers’ points “could be worth up to 2x” on some hotels and some premium class flights.

My Take: We’ll have to wait and see how the Points Boosts play out but my guess is that redeeming points via Chase Travel will be thing of the past for this year. Better options will be the Sapphire Preferred or via Aeroplan Pay Yourself Back.

Other Perks I think are irrelevant

Chase is also adding some “premium benefits” if you spend more than $120,000 a year on this card. Sure if you’re spending that much on the card these might be nice? But not worth doing all that spending to get these.

• IHG One Rewards Diamond Elite Status (you can also get this just by holding an IHG Credit Card)
• Southwest Airlines® A-List Status (most benefits will probably be redundant if you have the higher annual fee Southwest cards)
• $500 Southwest Airlines credit when booked through Chase Travel (Don’t book Southwest flights via Chase Travel if you can help it, with the way the new credits work)
• $500 credit to The Shops at Chase, a new online shopping experience designed exclusively for cardmembers allowing them to shop for brands including Dyson, Sony, Therabody, and Tumi, with rotating promotions, using their Ultimate Rewards points or their card to pay

Strategy Tips: Ignore, Get the Personal Version, or Apply?

Now that we have an overview of the card, let’s talk about strategy. What do you need to keep in mind if you’re evaluating if this card makes sense for you?

Strategy 1: Ignore the hype

This is a perfectly acceptable strategy. Though I assume if you made it this far in the article you’re not completely ignoring the hype. If you look at these credits and they don’t match the way you spend, ignore this card! It will take mental energy to ensure you’re getting your money’s worth — besides the fact you’ll have to shell out $795 up front and then later try to make your money back on it!

Strategy 2: Get the Personal Version Instead

The personal version offers different credits than this one. And it really comes down to your personal spending habits as to which one is easier for you to find value in.

Read my full analysis here of the personal version.

Strategy 3: Apply on June 23 (or later)

Pros:

• You will likely earn a big welcome offer (if you’re approved). I have no idea what the offer will be but I’d be shocked if it was under 100,000 points.
• Will not add to your 5/24 count since it is a business card.
• New card product means everyone should be eligible — this is especially good if you’ve already opened all the Inks!

Cons:

• You have to keep track of all these credits to make sure you’re getting the full value of the $795 annual fee

How To Apply

Interested in applying? Please use my affiliate link It helps support my site and doesn’t cost you anything! I will add it here when it is live.